WAEC Past Questions and Answers - Page 1839

9,191.

Given a normal situation, what effect will an increase in the supply of cowpea have on its market price? The price

A.

Increases

B.

Decreases

C.

Is unaffected

D.

Is unpredictable

Correct answer is B

No explanation has been provided for this answer.

9,192.

The demand for agricultural produce is generally

A.

Elastic

B.

Inelastic

C.

Unitary

D.

Static

Correct answer is A

No explanation has been provided for this answer.

9,193.

The factor of production whose reward is profit is

A.

Land

B.

Labour

C.

Capital

D.

Entrepreneurship

Correct answer is D

No explanation has been provided for this answer.

9,194.

The type of labour available to peasant farmers is

A.

Family labour

B.

Paid labour

C.

Skilled labour

D.

Migrant labour

Correct answer is A

No explanation has been provided for this answer.

9,195.

Which of the following is not true about adding organic manure to a fish pond? it

A.

Reduces the pH of water considerably

B.

Accelerates the growth of planktons

C.

Leads to water pollution

D.

Leads to the depletion of oxygen

Correct answer is A

No explanation has been provided for this answer.